Insurance News

 

Evaluating Alarmed Property Risks: IMUA Seminar

Jan 30, 2013

The Inland Marine Underwriters Association (IMUA is to hold a New York seminar covering key issues for underwriters.The seminar will cover such topics as:·         Recognizing risk profiles & security needs considering the operations, occupancy…

Belgium Allows Private Armed Guards on Ships

Jan 30, 2013

With the publication of the law on various measures concerning the fight against maritime piracy in the Belgian official journal, the use of private security on board Belgian flagged ships is allowed. As a result, from now on ship-owners have…

Liberia: Time for Openness on Ship Registries

Jan 29, 2013

THE Liberian Registry says it is time to put an end to the outdated thinking which results in all open registers, irrespective of their safety record, being referred to pejoratively as ‘flags of convenience.’ Scott Bergeron, CEO of the Liberian International Ship & Corporate Registry (ISCR)…

Willis North America Expands Marine Practice

Jan 28, 2013

Insurance Broker will Deliver Expertise to Maritime and Cargo Industries in Eastern Virginia and Mid-Atlantic Region.Willis North America, a unit of Willis Group Holdings, the global insurance broker with operations in Virginia, has announced…

ABS Gains Recognized Organization Status – Japan

Jan 22, 2013

Classification Society ABS authorized by the relevant ministry to serve as a Recognized Organization of the State of Japan. “This authorization strengthens our global coverage and allows vessel owners and operators greater operational flexibility…

Insights: H. Elder Brown, Jr.

Jan 17, 2013

Chairman of the Board of Directors, Fidelis Group Holdings LLC and Continental Underwriters, Ltd. For those in the marine insurance and underwriting communities, H. Elder Brown, Jr. needs no introduction. That’s because over the course of the past 27 years…

Insurance Brokers Embrace UK Club Underwriting App

Jan 16, 2013

The UK Club has launched its “iPANDI” iPad based app to provide up to date underwriting information for members and their insurance brokers, even when on the move.The iPANDI app downloads underwriting data via the Club’s IT systems and presents it conveniently in both graphic and table formats…

Braemar Adjusting Appoints Grant Smith

Jan 14, 2013

The Board of Braemar Adjusting is delighted to announce the appointment of Grant Smith as Group Managing Director of the company with immediate effect.His appointment is an important stage in the streamlining of the business and will enable…

Unified Command Issues Kulluk Update

Jan 10, 2013

Update #37: Kulluk assessment continues, Sitkalidak Island debris removal.Unified Command confirmed the following information today: Assessment of the Kulluk drilling vessel in Kiliuda Bay continues, with inspection-class remotely operated vehicles (ROVs) being utilized to assess the hull…

Coast Guard, NTSB Investigating NYC Ferry Allision

Jan 09, 2013

Coast Guard, partner agencies respond to ferry allision in Manhattan. The Coast Guard is responding to an allison that occurred at the Pier 11 ferry terminal in Manhattan, N.Y. Fifty-seven injuries have been reported after the ferry Seastreak allided with the pier at 8:45 a…

NTSB to Investigate SFO Allision

Jan 09, 2013

NTSB investigating allision between oil tanker and San Francisco-Oakland Bay Bridge. The National Transportation Safety Board today announced it is investigating an allision Monday between the oil tanker Overseas Reymar and one of the supports of the San Francisco-Oakland Bay Bridge…

Marine Insurance Brokerage Makes Key Appointments

Jan 08, 2013

Willis North America, a unit of Willis Group Holdings, the global insurance broker with operations in Virginia, appoints two Client Advocates.Jeremy Sykes and Francesca Sykes have been appointed Client Advocates of the Willis Marine Practice…

Costa Concordia Tops 2012 Increase in Ship Losses

Jan 08, 2013

But long-term downward trend continues.•    106 ships lost worldwide in 2012, of which largest was Costa Concordia •    Losses centered on South China and SE Asia seas •    Industry initiatives address passenger vessels as well as the ‘human factor’ on board…

Insurance Covers Relocated Sandy-damaged Boats

Dec 30, 2012

Boats removed from specified location for repair elsewhere may create a lapse in insurance coverage.Maritime Program Group, which is a program administrator for North American Specialty's recreational marine program, agreed to provide an…

Forensics of the Sea

Dec 21, 2012

The sheer magnitude of insurance claims year on year within the shipping industry is striking.  The complexities that now come with these claims is placing increasing pressure on surveyors to employ ever more sophisticated techniques in their…

Logistics News

TotalEnergies, OQEP Start Construction of Marsa LNG Plant in Oman

TotalEnergies, OQEP Start Construction of Marsa LNG Plant in Oman

New Chief Executive Appointed at MPA Singapore

New Chief Executive Appointed at MPA Singapore

JSW Infrastructure Expects Cargo Volume Growth Rise in 2026

JSW Infrastructure Expects Cargo Volume Growth Rise in 2026

Port of Naples Cargo Operator Invests in Konecranes Gottwald Mobile Harbor Crane

Port of Naples Cargo Operator Invests in Konecranes Gottwald Mobile Harbor Crane

Subscribe for Maritime Logistics Professional E‑News

South Korea's NOFI buys estimated 132,000 T corn, traders say
Grid says solar is not responsible for the blackout in Spain, but Sanchez was pressed by Sanchez to explain it.
Google funds electrician training as AI power crunch increases